Ford CEO changes mind, says he will testify

Article Abstract:

Ford Motor CEO Jacques Nasser announced on Aug 31, 2000, that he had changed his mind and will testify before Congress beginning Sep 6, 2000. Nasser said he wants to defend his company's name, which is being tarnished in connection with recalled Bridgestone/Firestone tires, most of which are being carried on Ford Explorers. Nasser also commented that he is closer to penalizing Bridgestone/Firestone with lost business for what he termed 'an extremely difficult and disappointing period' in both companies' nearly 100-year relationship.

Passenger Car Tires

---

Bridgestone recalls tires in Venezuela

Article Abstract:

Bridgestone/Firestone announced that it will recall the 62,000 tires that Ford has been replacing in Venezuela since May but also said that it will replace only those that were mislabeled. The tire company has admitted that some of its tires were mislabeled in Venezuela and resisted calls from the government and Ford to have the tires recalled. The tires were manufactured in a Bridgestone/Firestone plant in Valencia, Venezuela.

Product standards, safety, & recalls, Venezuela, Tires

---

Bridgestone/Firestone to pay $41.5m

Article Abstract:

Bridgestone/Firestone will pay $41.5 million to settle a multistate investigation that focuses on what the tiremaker knew and when about potentially lethal tires it recalled.

Tires and tubes, Tires & Tubes, Abstract, Tires

Similar abstracts:

• Abstracts: Ford chief wants to speed tire recall. Beefy truck, hot Benz make debut
• Abstracts: Air Canada's heir apparent takes on title of president. Airline executive to turn in her wings. Mr. Goudas' recipe for success is in the ethnic food market
• Abstracts: Onex eyes buying controlling stake in Magellan Health. Financial firms in Canada seen customer-focused
• Abstracts: Astral Media beats quarter's expectations. Bitove tunes in to satellite radio. Astral posts strong profit in quarter
• Abstracts: Quarantined. At the boss's house? Yorkton remakes itself as Orion. Bombardier trading provides bright spot for the Street

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.